Petrotal Share Discussion Threads

[thommie] 11/1/2024 18:42

Jeah, overall ptal turned into the cash producing machine now, even under suboptimal environmental problems like low water lvls. The negative was that the pilot shipment to ecuador was planned to happen in december, but it looks like it didnt work out as anticipated and it is now expected mid 2024. Anyway, nothing to worry about. Brazil shipment should be able to carry the whole production, especially with another addition to the barging capacity. Before they said the barging fleet would enable them to produce 20 000 bopd, so it should be more now. Maybe we will even see around 25 000 bopd in q1. With the new well coming online now.

[loafingchard] 10/1/2024 13:38

Happy with that, improvements on routes to market ought to lead to increased revenues through being able to keep the taps open, reservoir dynamics withstanding.

[gutterhead] 10/1/2024 10:31

What does this have to do to get past 50p?
Blighted by previous production interruptions I guess.
In the meantime, the yield is good …

[spangle93] 10/1/2024 07:31

As I read, I kept waiting for the bad news ... "but..."
Couldn't really find much of concern

[tag57] 10/1/2024 07:25

New ops update - similar unrestricted cash of $90m so hopefully see a similar divi to Q3.

[tag57] 10/1/2024 07:23

$90m unrestricted cash in new update so hopefully see a similar divi to Q3.

[ashkv] 09/1/2024 07:20

Thank you

squareloss8 Jan '24 - 17:14 - 154 of 155
0 1 0
ashkv, there's a poster on X / Twitter who adds updates for the water levels fairly regularly, check out @fi_gambler

[squareloss] 08/1/2024 17:17

When do folk think we'll get an update on well 16H?

The update from 30/11 said drilling had commenced, that's roughly 6 weeks ago so maybe due around now, though it's the first one from L2 so maybe going a bit slow and steady vs their usual approach?

Be nice to see a bump to production from this one...

cheers

[squareloss] 08/1/2024 17:14

ashkv, there's a poster on X / Twitter who adds updates for the water levels fairly regularly, check out @fi_gambler

[ashkv] 06/1/2024 11:12

Happy New Year Fellow PTAL Investors :)

In 2024 May The Force Be With US / PTAL Share Price!!!

A request - researching a reliable and timely website to ascertain Amazon Water Levels in Peru. Any insight / guidance on a reliable source would be most welcome :)

Thank you

[tag57] 30/12/2023 20:14

Pughman, I think your divi estimate may be a little high given Q2 production was 19k bpd supporting the 2.5c divi, although the average POO was probably lower than Q4.
Personally I think it may be more in line with Q3 at 2c but would be happy with either given the overall yield.

[pughman] 30/12/2023 19:19

Ptal having a strong December, average production for Q4-23@14,492bpd, compared to 10,374bpd for Q4-22. Next dividend should be at least 2.5c.

[bradvert] 30/12/2023 19:01

Talara refinery just had its opening ceremony, which was attended by President Boluarte.It has a refining capacity of 95k bopd initially and EBITDA is expected to exceed debt payments in 2024 and beyond. Much made in the article of its importance geo-politically for Peruvian energy security etc.This must make the pipeline more viable, and by extension give Petrotal more options, and good ones.The stars may be aligning!  https://larepublica.pe/economia/2023/12/30/petroperu-refineria-de-talara-al-100-y-us540-millones-en-el-2024-minem-petroleo-dina-boluarte-1612951

[spangle93] 28/12/2023 20:52

Scary when PTAL is the only small oil/gas company in my portfolio to actually gain ground this year, AND start paying a generous dividend, despite local uprisings and low river levels.

Well done to all the team in Houston and Peru

[johnroger] 28/12/2023 17:47

Thanks husted

[tag57] 28/12/2023 16:58

Thx Husted

[husted] 28/12/2023 16:27

Thanks for posting, I capitalised first letter on links, should be clicky now:






I think Manalo mentioned they were considering using pipeline just from start of section 2 to avoid most problems.

[squareloss] 28/12/2023 16:03

looks like we may have the pipeline available soon too...be great to have that alongside the barge route to push us toward 25k BPD

hxxps://www.petroperu.com.pe/english/north-peruvian-pipeline-restarts-hydrocarbon-transportation-service

[johnroger] 28/12/2023 15:50

Tag57 I can't open the link, can you post the review?

[tag57] 28/12/2023 14:48

Quick review by Oak Bloke on Substack
hxxps://open.substack.com/pub/theoakbloke/p/introducing-ptal-petrotal?r=2gjk7y&utm_medium=ios&utm_campaign=post

[johnroger] 28/12/2023 13:57

Averaging over 20000 bopd up to the 25th

[pec2004] 22/12/2023 21:38

Very interesting interview.

This stood out ' They consider that we could find in Lot 95 about three or four additional 'Britañas', with which Petrotal's production could reach 70,000 or 100,000 bpd.'

[johnroger] 22/12/2023 20:23

hxxps://www.dipromin.com/noticias/mineria/petrotal-entre-el-retorno-a-exploracion-en-loreto-y-compras-en-la-region/

Interesting interview

[taurusthebear] 18/12/2023 19:34

Got mine - that's one fat yield! :-)

[qs99] 18/12/2023 14:45

Great to have picked up and reinvested some material divis in ISA....DYOR but roll on 2024 and increasing production and yield....DYOR